Demat account is not only for maintaining shares…
The introduction of technology and thrust on dematerialisation proved to be the biggest transformation in the financial services industry. A DEMAT account converted all physical share certificates held by investors into an equivalent number of securities in electronic form, making it easy to track. With Demat, bad delivery and counterfeit of securities, counter party risk have become history.
The introduction of technology and thrust on dematerialisation proved to be the biggest transformation in the financial services industry. A DEMAT account converted all physical share certificates held by investors into an equivalent number of securities in electronic form, making it easy to track. With Demat, bad delivery and counterfeit of securities, counter party risk have become history.
ELSS is the only 80C investment with the shortest lock-in period of 3 years....
At the end of any financial year, tax saving strategy is essential for a sound financial plan. These are usually the ones that offer tax benefits under Sec 80C of the Income Tax Act, 1961. One such investment option is Equity Linked Savings Scheme (ELSS) managed by mutual funds. ELSS along with tax deduction also give investors an opportunity to invest in equity markets to create tax free returns.
At the end of any financial year, tax saving strategy is essential for a sound financial plan. These are usually the ones that offer tax benefits under Sec 80C of the Income Tax Act, 1961. One such investment option is Equity Linked Savings Scheme (ELSS) managed by mutual funds. ELSS along with tax deduction also give investors an opportunity to invest in equity markets to create tax free returns.
To increase the probability to success, one needs to plan and organize his finances early...
One of the most powerful words in our dictionary is Money. We spend more than half our lives working and saving, but hardly spend any time planning on how to invest the hard-earned money effectively. This is why one needs financial planning. While managing your finances making the money work for you is more important than working for money. Understanding the difference between saving and investing will make all the difference for your financial planning.
One of the most powerful words in our dictionary is Money. We spend more than half our lives working and saving, but hardly spend any time planning on how to invest the hard-earned money effectively. This is why one needs financial planning. While managing your finances making the money work for you is more important than working for money. Understanding the difference between saving and investing will make all the difference for your financial planning.
Paying a little today may save your family tomorrow!
To explain the need for insurance in a sentence - It is better to be safe than sorry. It is common consumer behavior to only purchase insurance when the need arises. However, paying for insurance now can be a safety net for the unexpected financial circumstances of tomorrow including...
To explain the need for insurance in a sentence - It is better to be safe than sorry. It is common consumer behavior to only purchase insurance when the need arises. However, paying for insurance now can be a safety net for the unexpected financial circumstances of tomorrow including...
Today's investment will be tomorrow’s treasures...
You can think of mutual funds as a basket of investments. Each basket holds dozens of security types, such as stocks or bonds. Therefore, when you buy a mutual fund, you are buying a basket of investment securities, where the income is earned from dividends and interests.
You can think of mutual funds as a basket of investments. Each basket holds dozens of security types, such as stocks or bonds. Therefore, when you buy a mutual fund, you are buying a basket of investment securities, where the income is earned from dividends and interests.
Saving Vs. Investment
Savings is a short-term commitment. The usage of money saved is meant more for a vacation or an emergency. Investment is a long-term process. Usage of money invested is meant more for planning your child’s future education or retirement...
Savings is a short-term commitment. The usage of money saved is meant more for a vacation or an emergency. Investment is a long-term process. Usage of money invested is meant more for planning your child’s future education or retirement...
Do not let your hard earned money slip away...
The main motive of tax planning is minimizing the tax liability; The Indian government grants certain tax leniency on certain financial products under a specific taxation law called section 80 C. Some of the investment options that could save tax under this tax planning scheme are..
The main motive of tax planning is minimizing the tax liability; The Indian government grants certain tax leniency on certain financial products under a specific taxation law called section 80 C. Some of the investment options that could save tax under this tax planning scheme are..